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European stock exchange to list Bitcoin carbon-neutral ETP

09/24/2022

Less than a minute

2022.09.24 08:15

European stock exchange to list Bitcoin carbon-neutral ETP

Budrigannews.com – A subsidiary of DeFi Technologies, Valour, will debut its new Carbon Neutral Exchange-Traded Product (ETP) on the Frankfurt Stock Exchange. Trading of the ETP begins on Friday.

The company positions its ETP as a “sustainable and climate-friendly” exposure to Bitcoin (BTC) with a management fee of 1.49%. The alignment with global environmental goals and Environmental, Social and Corporate Governance (ESG) is reportedly achieved through funding certified carbon removal and offset initiatives to neutralize the associated BTC carbon footprint.

European stock exchange to list Bitcoin carbon-neutral ETP

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09/24/2022

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